finance

Gender bond

IFC invests $200m in a gender bond to empower women-owned SMEs

The proceeds from the gender bond will enable the bank to increase lending to women entrepreneurs and women-owned small and medium enterprises (WSMEs).
ADB Ventures

ADB unveils +$1 billion ADB Ventures division

ADB has established a new venture capital division to support and invest in startups in Asia and the Pacific.
IFC

Ed’s note: Leading the energy transition in the next decade

The transition of our energy sector from one that is heavily reliant on fossil fuels and one-way electricity flows – is underway,...
fossil fuel funding

European Investment Bank to end financing fossil fuel projects by 2021

EIB has announced it's new climate plan and will end financing for fossil fuel energy projects from the end of 2021.
Poland EV battery

LG gets EBRD green light to build Europe’s first-of-its-kind gigafactory

Chemical group LG Chem has been granted a long-term €250 million loan for the construction of a new electric vehicle battery gigafactory in Wroclaw in western Poland.
IPP investment rating

IPP’s “not there yet” for investment rating says S&P – here’s...

It’s not set to change anytime soon, says the agency, thanks in part to the largest fuel switch in the electric industry's history—from coal to natural gas, which has led to changing consumer preferences, new technologies, weaker commodity prices, and greater distributed generation have put tremendous pressure on the traditional IPP model.
gas infrastructure

E.ON pilots efficiency funding scheme for UK consumers

Integrated energy company E.ON and BNP Paribas Personal Finance are piloting a new energy efficiency financing scheme for UK consumers.
energy-efficient

New online portal launches to speed up efficiency funding

The National Energy Improvement Fund (NEIF) has through its division HBC Energy Fund unveiled a new online portal to speed-up processing of energy upgrade...

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